Last Top Stories: Ramraiders chain up ATM and drag it away in Launceston robbery

Ramraiders chain up ATM and drag it away in Launceston robbery

Ramraiders attempting to steal an ATM from a Launceston shopping centre dragged the machine about a kilometre before giving up on their haul. Police said the ATM from the Mowbray complex on Invermay Road was connected by a chain and pulled onto ... >> view original

China, 60 Billion Might Only Be the Beginning - Daily Reckoning

Stockbrokers, property spruikers and fund managers rejoice! The money coming out of China might be about to turn from a flood into something like a tidal wave. Some people are going to get seriously rich from this. Did you see the news? The Wall Street ... >> view original

Banks lead broad-based rally on stock market

The big banks have led a solid, broad-based rally on the Australian stock market which ended Friday trade 1 per cent higher. The All Ordinaries closed up 60 points at 5,775 and the ASX 200 rose 64 points to 5,777 in the market's best one-day gain in a month ... >> view original

$8.5 billion inheritance bonanza funded by super

This year an estimated $8.5 billion will be bequeathed by the estates of Australians who die before using up their retirement savings, according to superannuation advisory firm Rice Warner. It's a figure that will no doubt interest the federal government, which ... >> view original

Aboriginal landowners throw fresh legal challenge to Adani Group's Carmichael ...

MUMBAI: Australia's aboriginal landowners have filed a federal case challenging Adani Group's A$12.7 billion Carmichael coal mine project, adding to the woes of the Indian conglomerate that has been facing challenges in going ahead with the project. >> view original

Virgin Australia CEO Says May Reconsider Some Routes, AFR Says

(Bloomberg) -- Co. could stop operating on some marginal routes in northern Australia if govt opens up sector to other international airlines, adding to competition, Australian Financial Review reports today, citing Virgin CEO John Borghetti. * Demand from ... >> view original

Regulators put banking culture and incentives in the firing line

The battle over the banking industry's reputation intensified on Friday, as two of Australia's top regulators took a simultaneous swipe at the culture at the heart of the nation's largest financial institutions. "When culture is rotten, it often is ordinary Australians who ... >> view original

Iron ore posts 10pc advance in May on China inventory contraction

Prices climbed 10 per cent in May, the biggest gain since July 2013, after rallying 9.4 per cent in April. Michele Mossop. by Jasmine Ng. Iron ore capped the biggest monthly advance in almost two years as port stockpiles in China headed for a record monthly ... >> view original